Iran signs deal with Pergas Consortium to develop Iran's oilfield

Contributed by NAMPA / Xinhua.

TEHRAN, May 17 (Xinhua) -- Iran has signed a deal with Pergas Consortium, a group of international oil and gas companies based in London, to develop Iran's Karanj oilfield in its southwestern province of Khuzestan, local media reported Thursday.
National Iranian South Oil Company (NISOC) on Wednesday signed a so-called heads of agreement (HOA) with Pergas for the project, first such deal since the U.S. withdrew from the Iranian nuclear agreement last week.
The signing ceremony was attended by Ir ...